Cubs trade Feldman, Clevenger to Orioles for Arrieta, Strop, and international bonus money

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Trading season is officially upon us, as Keith Law of ESPN.com reports that the Cubs have traded right-hander Scott Feldman and catcher Steve Clevenger to the Orioles for right-hander Pedro Strop, right-hander Jake Arrieta, and about $400,000 in international signing bonus slot amount.

It’s tough to have a good feel for how valuable the international bonus money tranfer is because there’s no real history of it to analyze, but for a rebuilding team like the Cubs anything that allows them to bring in more young talent certainly makes sense.

Feldman pitched well for Chicago, starting 15 games with a 3.46 ERA, and Baltimore was clearly in the market for veteran rotation help. It’s also worth noting that the Cubs signed Feldman to a one-year, $7 million deal as a free agent back in November, so they turned a modest short-term investment into what they hope will be some long-term value.

Arrieta was once a top prospect, but he’s been terrible in various big-league stints with a 5.46 ERA in 358 innings and is now 27 years old. Any notion of him developing into a top-of-the-rotation arm is probably long gone, but he may still be a useful starter or an interesting bullpen project. Strop figures to step into the Cubs’ bullpen in a middle relief role, where he’ll probably continue to struggle with control while flashing occasionally dominant raw stuff.

It’s an interesting trade, as the Cubs signed Feldman on the cheap and then flipped him for a former top prospect and a hard-throwing reliever, plus the ability to spend more on international prospects. Meanwhile, for the Orioles they obviously gave up on Arrieta ever living up to his potential and Strop was pretty expendable in the grand scheme of things, so they added a decent starter in Feldman for the second half without having to dip into their farm system.

Khris Davis shut down with oblique issue

Khris Davis
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Athletics designated hitter Khris Davis has been placed on the 10-day injured list with a left hip/oblique contusion, per a team announcement. He’ll be shut down from swinging a bat for five days, at which point he’ll undergo further evaluation. A definite timetable for his return has not been announced.

Davis initially sustained the injury after colliding with the left field wall earlier this month, and doesn’t appear to have recovered as quickly or completely as the club hoped he would by this point. Since the move is retroactive to May 22, he’ll be eligible to come off the injured list in early June, assuming all goes according to plan.

In a corresponding move, rookie outfielder Skye Bolt was recalled from Triple-A Las Vegas to fill the vacant roster spot. Without Davis in the lineup, the team will continue to utilize Mark Canha at DH, as the 30-year-old infielder is currently batting a serviceable .224/.346/.567 with seven home runs and a .913 OPS through his first 81 PA of the year.